CoreCap Advisors LLC Has $6.77 Million Stake in First Trust TCW Unconstrained Plus Bond ETF $UCON

CoreCap Advisors LLC reduced its stake in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 23.8% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 271,933 shares of the company’s stock after selling 84,714 shares during the quarter. CoreCap Advisors LLC’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $6,766,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in UCON. Trilogy Capital Inc. increased its stake in First Trust TCW Unconstrained Plus Bond ETF by 6.2% during the 2nd quarter. Trilogy Capital Inc. now owns 1,572,195 shares of the company’s stock worth $39,116,000 after acquiring an additional 91,824 shares during the period. Adelphi Trust Co bought a new stake in shares of First Trust TCW Unconstrained Plus Bond ETF during the 2nd quarter valued at $291,000. Pine Valley Investments Ltd Liability Co grew its holdings in shares of First Trust TCW Unconstrained Plus Bond ETF by 1.0% during the 1st quarter. Pine Valley Investments Ltd Liability Co now owns 89,420 shares of the company’s stock worth $2,215,000 after purchasing an additional 859 shares in the last quarter. NewEdge Advisors LLC increased its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 9.5% in the first quarter. NewEdge Advisors LLC now owns 209,895 shares of the company’s stock worth $5,199,000 after purchasing an additional 18,277 shares during the period. Finally, Western Wealth Management LLC increased its position in shares of First Trust TCW Unconstrained Plus Bond ETF by 14.5% in the first quarter. Western Wealth Management LLC now owns 497,721 shares of the company’s stock worth $12,329,000 after purchasing an additional 63,137 shares during the period.

First Trust TCW Unconstrained Plus Bond ETF Stock Up 0.3%

UCON stock opened at $24.69 on Wednesday. First Trust TCW Unconstrained Plus Bond ETF has a 52 week low of $23.72 and a 52 week high of $25.63. The business has a 50-day simple moving average of $24.81 and a 200 day simple moving average of $24.94.

First Trust TCW Unconstrained Plus Bond ETF Profile

The First Trust TCW Unconstrained Plus Bond ETF (UCON) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund, which broadly invests in various fixed income securities of almost any sector, maturity, or credit quality. UCON was launched on Jun 4, 2018 and is managed by First Trust.